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  3. a company receives $900 cash on may 31 from a rent

A company receives $900 cash on May 31 from a renter as advance payment for...

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Accounting

A company receives $900 cash on May 31 from a renter as advance payment for the months of June, July and August. The following dashboard shows the company's cash received and its rent revenue.
Journal entry worksheet
1
2
Prepare the May 31 journal entry to record cash received in advance.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[May 31,,,],[,,,]]
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